Apple shows the way for electronics exports
11 months, 2 weeks ago

Apple shows the way for electronics exports

Hindustan Times  

At $10 billion in FY24, exports of India-assembled iPhones have doubled from the previous fiscal. While the iPhone instance is evidence of policies such as the PLI for smartphones working, India must do more to convince the world that it has the makings of a preferred China+1 destination for electronics exports. At present, the world may seem more inclined towards Vietnam or Malaysia, which offer stable, low-tariff regimes; this allows marquee manufacturers to import components and assemble them for export. But New Delhi’s January decision to lower tariffs for high-end smartphone parts and the new electric vehicle policy that allows for tariff reduction for specific imports in exchange for local production above a certain investment floor show that policymakers are not averse to providing such impetus. A balanced approach towards tariffs may well allow India to become an electronics export powerhouse without having to sacrifice its local manufacturing ambitions.

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History of this topic

How will India react to reciprocal tariffs as April 2 deadline inches closer? Donald Trump says, ‘going to be nicer’
1 day, 21 hours ago

How will India react to reciprocal tariffs as April 2 deadline inches closer? Donald Trump says, ‘going to be nicer’

Live Mint  

US President Donald Trump announced that he plans to begin his reciprocal tariff strategy with “all countries,” dismissing speculation that the initial tariffs, set to be unveiled on April 2, would target only 10 to 15 nations. Trump is set to launch so-called reciprocal tariffs on April 2, a centerpiece of his plan to rebalance global trade and boost US …

How will India react to reciprocal tariffs as April 2 deadline inches closer? Donald Trump says, ‘going to be nicer’
1 day, 21 hours ago

How will India react to reciprocal tariffs as April 2 deadline inches closer? Donald Trump says, ‘going to be nicer’

Live Mint  

US President Donald Trump announced that he plans to begin his reciprocal tariff strategy with “all countries,” dismissing speculation that the initial tariffs, set to be unveiled on April 2, would target only 10 to 15 nations. Trump is set to launch so-called reciprocal tariffs on April 2, a centerpiece of his plan to rebalance global trade and boost US …

Indias exports are bound to grow despite global uncertainties: DGFT
6 days, 13 hours ago

Indias exports are bound to grow despite global uncertainties: DGFT

Live Mint  

New Delhi, Mar 26 India's exports are bound to grow in the coming years despite uncertainties over global trade and tariff, a senior government official said on Wednesday. Despite the "uncertainties relating to trade and tariff, our exports are bound to grow in future years," he said at the Sourcex India 2025 show. Sarangi said that in the current year, …

India’s confidence in gaining from Trump’s trade distortions is misplaced
6 days, 14 hours ago

India’s confidence in gaining from Trump’s trade distortions is misplaced

Live Mint  

India’s policymakers should be drawing up strategies to deal with the new age of trade barriers. Perhaps the Indian government takes comfort from the promise Trump made during Prime Minister Narendra Modi’s recent visit to Washington that a new trade deal between the two countries would be signed by autumn. It is, of course, possible that the White House wants …

Trump Tariffs: Electronics, Gems & Jewellery most exposed, auto sector relatively insulated
6 days, 15 hours ago

Trump Tariffs: Electronics, Gems & Jewellery most exposed, auto sector relatively insulated

Live Mint  

With the possibility of broad reciprocal tariffs from the US gaining traction ahead of April 2, 2025, India’s export landscape faces significant uncertainty. Higher tariffs could disrupt Apple’s efforts to shift production from China to India, making the US tariffs counterproductive, according to the Emkay Global report. However, China’s 40% tariffs imposed by the US could help India remain competitive …

Rahul Jacob: Grab the chance to reset India’s industrial policy
6 days, 17 hours ago

Rahul Jacob: Grab the chance to reset India’s industrial policy

Live Mint  

Recent reports that India’s production-linked incentives introduced in 2020 have been the subject of an exhaustive internal government review must count as welcome news. These include India’s overvalued exchange rate, which should be routinely measured against a basket of our export competitors’ currencies, and concluding key bilateral trade treaties over which negotiations have dragged on for years. Since its inception, …

India, US trade talks may go beyond tariffs
6 days, 20 hours ago

India, US trade talks may go beyond tariffs

Hindustan Times  

The US is pushing for India to reduce high tariff barriers for all American goods in one comprehensive move rather than adopting a piecemeal approach, according to people familiar with the negotiations ahead of crucial talks this week. The US team led by assistant trade representative Brendan Lynch and the Indian team led by commerce ministry’s additional secretary Rajesh Agarwal …

Will India press for an early harvest in trade talks with US?
1 week ago

Will India press for an early harvest in trade talks with US?

Live Mint  

India and the US will outline the terms of their trade talks, discuss a schedule for tariff cuts, and work towards an early harvest deal at negotiations that kick off in New Delhi today, three officials aware of the matter said. In this category of goods, India is ready to "substantially" lower tariffs or even scrap some entirely, on imported …

Will India press for an early harvest in trade talks with US?
1 week ago

Will India press for an early harvest in trade talks with US?

Live Mint  

India and the US will outline the terms of their trade talks, discuss a schedule for tariff cuts, and work towards an early harvest deal at negotiations that kick off in New Delhi today, three officials aware of the matter said. In this category of goods, India is ready to "substantially" lower tariffs or even scrap some entirely, on imported …

Mint Quick Edit | India’s anti-dumping barriers: More to come?
1 week ago

Mint Quick Edit | India’s anti-dumping barriers: More to come?

Live Mint  

India has levied anti-dumping duties on five Chinese products that were being imported below market prices, raising suspicion of their being “dumped" here. These barriers should help protect Indian producers against potentially unfair competition from a country faced with low domestic demand, deflationary pressures and over-capacity. The latest set of duties cover soft ferrite cores, vacuum insulated flasks of a …

India’s $23 billion PLI scheme to rival China factories to lapse after it disappoints
1 week, 4 days ago

India’s $23 billion PLI scheme to rival China factories to lapse after it disappoints

The Hindu  

Prime Minister Narendra Modi’s government has decided to let lapse a $23 billion program to incentivize domestic manufacturing, just four years after it launched the effort to woo firms away from China, according to four government officials. Instead, many firms that participated in the program failed to kickstart production, while others that met manufacturing targets found India slow to pay …

Looming US tariffs could be bad news for India’s Big Five
1 week, 4 days ago

Looming US tariffs could be bad news for India’s Big Five

Live Mint  

There’s less than a fortnight to go before US President Donald Trump ’s 2 April deadline for imposing reciprocal taxes on imports. But throw in the flurry of news last month around the Prime Minister’s visit to the White House about how India might allow imports of Tesla’s cars at a much lower duty than the 110% it charges currently, …

Apple and Samsung make 94% of India’s smartphone exports as Made in India mobile shipments grows 6% in 2024
1 week, 5 days ago

Apple and Samsung make 94% of India’s smartphone exports as Made in India mobile shipments grows 6% in 2024

The Hindu  

Apple and Samsung have accounted for around 94% of India’s smartphone exports, noted Counterpoint’s ‘Make in India’ Service on Thursday. Overall, ‘Made in India’ smartphone shipments grew 6% year-over-year in 2024 primarily due to these two brands. “Both the brands have significantly expanded their manufacturing in India to align with the country’s objective of reducing reliance on imports and strengthening …

Tariff-proofing India’s exports
1 week, 5 days ago

Tariff-proofing India’s exports

Hindustan Times  

The tariff turmoil from the United States is emerging as the biggest ‘known unknown’ for the global economy in 2025. Indian economy For some time now, the relative stability of the World Trade Organization -refereed trade regime has cultivated a wide-spread complacency with global trade ballooning nearly five times since the creation of WTO. The long entrenchment in stable global …

Donald Trump expects India to cut tariffs on US products, but ‘will charge them same tariffs from April 2’
1 week, 5 days ago

Donald Trump expects India to cut tariffs on US products, but ‘will charge them same tariffs from April 2’

Hindustan Times  

US President Donald Trump, in an interview with Breitbart News on Wednesday, said he believes India would reduce tariffs on American goods, news agency Reuters reported. During Prime Minister Narendra Modi's visit to Washington last month, India and the U.S. pledged to more than double their bilateral trade to USD 500 billion by 2030. India, US commit to doubling two-way …

India’s exports may face 3-3.5% hit from US tariffs, but trade diversification may cushion impact: SBI Research
Trending News
2 weeks, 1 day ago

India’s exports may face 3-3.5% hit from US tariffs, but trade diversification may cushion impact: SBI Research

Live Mint  

New Delhi: India’s exports to the US could decline by 3-3.5% if Washington implements reciprocal tariffs next month, but this may be offset by ambitious targets in manufacturing and services, along with efforts to diversify exports, SBI Research said in a report on Monday. New Delhi also must boost value addition, tap new markets, and establish alternative trade routes from …

US tariffs: India mulls steps to save steel firms
2 weeks, 2 days ago

US tariffs: India mulls steps to save steel firms

Deccan Chronicle  

The government is evaluating a range of initiatives to strengthen the steel industry in response to US tariffs, which imposed a 25 per cent duty on steel and aluminium imports effective March 12. The measures under consideration include the adoption of innovative technologies, enhanced production-linked incentives for steel producers, cuts in import and export duties, and efforts to diversify product …

How Trump’s tariffs can be opportunity in crisis for India
Trending News
2 weeks, 3 days ago

How Trump’s tariffs can be opportunity in crisis for India

Firstpost  

While Trump’s tariffs aren’t designed to help India, they may inadvertently provide the external catalyst needed for India’s economic transformation. India’s Historical Inward Focus India has a robust domestic market, which accounts for approximately 60 per cent of its GDP. The result was a 10-18 per cent cost disability in assembly and manufacturing compared to Southeast Asian rivals, leaving India’s …

As imports of semiconductor chips rise, India eyes local production
2 weeks, 5 days ago

As imports of semiconductor chips rise, India eyes local production

The Hindu  

At the World Economic Forum in January, Minister of Electronics and Information Technology Ashwini Vaishnaw announced that India’s first domestically manufactured semiconductor chip will be rolled out this year. Five manufacturing facilities are under construction for the manufacturing and assembly of semiconductor chips, backed by the Semicon India Programme. Chart 2 | The chart shows the value of import of …

India, US working on removing trade barriers: MoS
Trending News
2 weeks, 6 days ago

India, US working on removing trade barriers: MoS

Hindustan Times  

India and the US will focus on increasing market access for each other, reducing tariff and non-tariff barriers, and enhancing supply chain integration, minister of state for commerce Jitin Prasada told the Lok Sabha on Tuesday after an Indian ministerial delegation concluded the week-long America visit, as the two sides work on a Bilateral Trade Agreement which they hope to …

Ajit Ranade: India must formulate a strategy to boost agricultural exports
3 weeks, 1 day ago

Ajit Ranade: India must formulate a strategy to boost agricultural exports

Live Mint  

US President Donald Trump issued executive orders slapping high tariffs on imports from Canada, Mexico and China. This protectionist drift was probably caused by the misguided notion that it would help our manufacturing sector under the ‘Make in India’ initiative or act as a carrot for the sectors granted production-linked incentives. India has the world’s largest population of cattle and …

India-EU trade deal talks set to begin Monday amid major unresolved issues
Trending News
3 weeks, 2 days ago

India-EU trade deal talks set to begin Monday amid major unresolved issues

Live Mint  

New Delhi: India and the European Union are all set to engage in the 10th round of negotiations for the broad-based trade and investment agreement in Brussels from 10-14 March, as both sides aim to resolve key issues and finalise the long-pending trade deal by the end of the year. India wants recognition as a data-secure country under the EU’s …

'India-US Trade Deal Aims To Reduce Tariffs, Increase Market Access': MEA After Trump’s Remarks
3 weeks, 4 days ago

'India-US Trade Deal Aims To Reduce Tariffs, Increase Market Access': MEA After Trump’s Remarks

ABP News  

The Ministry of External Affairs on Friday said the proposed India-US trade agreement seeks to lower tariff and non-tariff barriers, expand market access, and strengthen supply chain integration. Responding to a question regarding the Trump administration’s remarks on retaliatory tariffs against India, Jaiswal also highlighted Union Commerce Minister Piyush Goyal’s recent visit to the US as part of ongoing efforts …

India Eyes $6B Export Boost with US Trade Deal
3 weeks, 4 days ago

India Eyes $6B Export Boost with US Trade Deal

Deccan Chronicle  

Chennai: The textile industry hopes that a zero-for-zero trade agreement with the US will increase exports by $6 billion in three years. The US contributed to 28.5 per cent of India’s total textile and apparel exports between January and November 2024. However, the recent trade tensions saw US firms partially moving away from China and this has benefited Vietnam and …

Will Trump's tariffs make iPhones more expensive in India? Details here
3 weeks, 4 days ago

Will Trump's tariffs make iPhones more expensive in India? Details here

Hindustan Times  

US President Donald Trump has said that reciprocal tariffs will be imposed on several countries from April 2, as a measure to hit-back on countries that tax America. Though Trump didn't specifically refer to electronic goods in his joint session address of the US Congress, Indian electronics are still a key item imported by US tech firms, according to a …

iPhones, MacBooks in India to get expensive? Trump's reciprocal tariffs to kick in from April 2
3 weeks, 5 days ago

iPhones, MacBooks in India to get expensive? Trump's reciprocal tariffs to kick in from April 2

India Today  

Prices of electronics, including that of smartphones and laptops like Apple iPhones and MacBooks, could see a rise as the US government’s reciprocal tariffs are set to come into effect starting April 2. Even though electronic goods were not specifically mentioned during Trump’s address at the US Congress, according to a report by Mint, the new tariffs could impact a …

Trade talks heat up: US asks for petrochemical concessions, India eyes value chain
3 weeks, 5 days ago

Trade talks heat up: US asks for petrochemical concessions, India eyes value chain

Live Mint  

New Delhi: As Indian and US negotiators huddle in Washington to iron out issues in a potential trade deal, one of the key areas that has emerged is petrochemical trade, three people aware of the matter said on the condition of anonymity. Currently, India imports both raw materials—mostly crude oil—and finished goods of the petrochemical value chain from the US, …

Mint Primer: Will US tariffs on Indian goods hit iPhones prices?
Top News
3 weeks, 5 days ago

Mint Primer: Will US tariffs on Indian goods hit iPhones prices?

Live Mint  

US president Donald Trump says that starting 2 April, reciprocal tariffs will be imposed on India and others. With Indian electronics being a key item imported by US tech firms, this raised concerns about how the tariffs will impact a multi-billion-dollar revenue stream for India. He also singled out “higher than 100%" tariffs that he said India currently imposes on …

India-U.S. trade: Small exporters seek import duty cuts to counter U.S. steel, aluminium tariffs
3 weeks, 5 days ago

India-U.S. trade: Small exporters seek import duty cuts to counter U.S. steel, aluminium tariffs

The Hindu  

India's small engineering goods exporters have urged the government to cut import tariffs on some U.S. goods to try and achieve more favourable trade terms as President Donald Trump prepares to implement new steel and aluminium duties, the head of an industry body said. "Of India's $20 billion annual engineering goods exports, nearly $7.5 billion worth of shipments could be …

Engineering goods exports to the U.S. rose 18% to $1.62 billion in January
3 weeks, 6 days ago

Engineering goods exports to the U.S. rose 18% to $1.62 billion in January

The Hindu  

India’s engineering goods exports to the U.S. in January increased 18% year-on-year to $1.62 billion. For the 10 months ended January this fiscal, India’s engineering exports to the U.S. increased nearly 9% to $15.60 billion, EEPC India said on Wednesday. Cumulatively, during April-January in FY25 engineering goods exports were $96.75 billion, a 9.82% increase over the $88.10 billion in the …

Apple registered highest shipments growth in January 2025 in India
3 weeks, 6 days ago

Apple registered highest shipments growth in January 2025 in India

The Hindu  

Apple’s dream run in India continues as the iPhone maker secured fourth spot in January 2025 in the world most populous nation with a handsome 11.7% growth on year-over-year basis. The U.S. based company held on with 11.4% market share to remain in top five smartphone brands for the fifth consecutive month. Overall, India’s smartphone market declined by 9.7% YoY …

Indian exports likely to get a boost as US tightens screws on China, Canada with fresh tariffs | Explained
4 weeks ago

Indian exports likely to get a boost as US tightens screws on China, Canada with fresh tariffs | Explained

India TV News  

Indian exports likely to get a boost as US tightens screws on China, Canada with fresh tariffs | Explained As Trump has decided to enforce fresh tariffs on imports from Mexico and Canada as well as impose fresh duties on Chinese products, Indian exporters get a lucrative prospect to ponder upon. With Trump tightening the screws on China again and …

Shifting trade patterns may open doors for India as U.S. targets Canada, China
4 weeks ago

Shifting trade patterns may open doors for India as U.S. targets Canada, China

Live Mint  

Trade tensions flared on Tuesday after the US slapped stiff import tariffs on China, Canada and Mexico, drawing rebuke and retaliation from its trade partners, and opening up potential opportunities for a variety of Indian businesses. While Canada hit back with matching levies at the "unjustified" US action, China responded with its own tariffs, moved the World Trade Organization, and …

Trump world is uncertain, but India can find opportunities in global supply chain, say U.S. trade experts
4 weeks ago

Trump world is uncertain, but India can find opportunities in global supply chain, say U.S. trade experts

The Hindu  

India can find opportunities in the global supply chain economy which is being disrupted by U.S. President Donald Trump’s aggressive tariff policy, according to Arun M. Kumar, former U.S. Assistant Secretary of Commerce in the Barack Obama administration. Mr. Kumar said Prime Minister Narendra Modi’s recent visit to the U.S. was a success in terms of reinforcing bilateral ties on …

India's exports under pressure as US and EU tighten trade policies
4 weeks, 1 day ago

India's exports under pressure as US and EU tighten trade policies

India Today  

India’s exports are facing heightened challenges owing to aggressive trade policies from partners like the US and the European Union, said a senior trade ministry official on Tuesday, reported Reuters. Santosh Sarangi, head of the Directorate General of Foreign Trade, pointed to the increased import tariffs by the US and policies like the CHIPS Act, which support local manufacturing. He …

India must keep its strategic options open as Trump’s tariffs kick in
4 weeks, 1 day ago

India must keep its strategic options open as Trump’s tariffs kick in

Live Mint  

The recent wave of tariff announcements by the Trump administration in the US marks a significant shift in global trade dynamics. Substantial corporate-tax cuts and broad deregulation, both of which are on Trump’s agenda, could potentially stimulate US economic growth, though these benefits may take longer to materialize compared to the more immediate negative effects of tariffs on consumption and …

Government looks to enhance PLI scheme to boost exports. Details here
4 weeks, 2 days ago

Government looks to enhance PLI scheme to boost exports. Details here

India Today  

The Indian government is looking at ways to make the Production-Linked Incentive scheme more effective by focusing on local value addition and exports, reported the Indian Express. ENHANCED FOCUS ON EXPORTS Introduced in April 2020, the PLI scheme has drawn substantial investment in 14 sectors, attracting original equipment manufacturers and contract manufacturers to scale up production. In order to minimise …

India can produce and sell technology at a lower cost than China: World Bank
1 month ago

India can produce and sell technology at a lower cost than China: World Bank

Live Mint  

By Nikhil Dedha New Delhi, February 28 : India has the potential to produce technology at a lower cost than China if it can master and manufacture it efficiently, said World Bank Country Director Auguste Tano Kouame. So today, if you take a given technology, assuming India masters that technology produce it, it will produce it at a lower cost …

India needs tariff cuts, reforms to boost investments: World Bank
1 month ago

India needs tariff cuts, reforms to boost investments: World Bank

India Today  

India must lower import tariffs and introduce regulatory reforms to attract more foreign investment, according to a World Bank report released on Friday. "Relatively high import tariffs, especially on intermediate and capital goods, and significant non-tariff barriers contribute to high trade costs which inhibit greater openness in terms of imports and exports as well as fuller participation in global value …

Think different: Consider a smartphone tariff cut to sustain an Apple-led export boom
1 month ago

Think different: Consider a smartphone tariff cut to sustain an Apple-led export boom

Live Mint  

With US President Donald Trump harping on import barriers like ‘reciprocal tariffs’ to protect factory jobs at home, Apple Inc has responded with a plan to invest $500 billion and create 20,000 jobs in America over the next four years. This move, announced after CEO Tim Cook met Trump in the Oval Office, echoes what Apple did during the latter’s …

Why India’s electronics sector is least at risk from Trump's reciprocal tariff scrutiny
1 month, 1 week ago

Why India’s electronics sector is least at risk from Trump's reciprocal tariff scrutiny

Live Mint  

New Delhi: As US president Donald Trump's reciprocal tariff threat loomsfor Indian exports of engineering goods and pharmaceuticals to textiles,the booming electronics goods shipments may be the least at risk. Commerce ministry data shows India's electronics exports to the US face an average tariff of 0.41%, while US shipments under the same category face a duty of 7.64%, resulting in …

Aim for threefold surge in exports to $100 bn in seven years: Goyal to electronics sector
1 month, 1 week ago

Aim for threefold surge in exports to $100 bn in seven years: Goyal to electronics sector

Live Mint  

New Delhi: India’s electronics goods sector should target to boost exports by more than threefold to over $100 billion over the next seven years, said Union commerce minister Piyush Goyal, emphasizing the need for stronger supply chains and globally competitive pricing amid global trade headwinds. The sector should prioritize consumer interests and strike a balance between industry growth and affordability, …

Apple’s iPhone 16e to be ‘Make in India’ for local market — When to pre-order, launch date, price, specs and more
1 month, 1 week ago

Apple’s iPhone 16e to be ‘Make in India’ for local market — When to pre-order, launch date, price, specs and more

Live Mint  

Apple India has unveiled the new edition of its iPhone 16 series — the iPhone 16e, a comparitively “affordable” option for fans of the device. We take a look at Apple iPhone 16e's Make in India plans, the pre-order schedule, pricing, EMI options, launch date, and other details. Official online and offline sales for Apple's newest offering in the iPhone …

India's innerwear exports face a Chinese problem
1 month, 1 week ago

India's innerwear exports face a Chinese problem

Live Mint  

New Delhi: India’s dependence on Chinese raw materials for garment manufacturing, particularly in the innerwear segment, is hurting the domestic industry. As per the data, the women’s and girls’ innerwear category faced similar hurdles, with exports of slips and nightdresses decreasing from $627.74 million in FY22 to $499.86 million in FY24, reflecting a fall of 20.37%. The underwear index As …

iPhone component maker Murata plans to shift supply chain to India, China trying to block move
1 month, 1 week ago

iPhone component maker Murata plans to shift supply chain to India, China trying to block move

Firstpost  

Other than material constraints, China has also limited the movement of Apple’s Chinese technicians to India, restricting the transfer of expertise that could accelerate India’s manufacturing capabilities India’s manufacturing push is showing results, with forecasts suggesting that by 2025, more than 20 per cent of global iPhone production will come from the country. Image Credit: Reuters Murata Manufacturing, a key …

iPhone component maker Murata plans to shift supply chain to India, China trying to block move
1 month, 1 week ago

iPhone component maker Murata plans to shift supply chain to India, China trying to block move

Firstpost  

Other than material constraints, China has also limited the movement of Apple’s Chinese technicians to India, restricting the transfer of expertise that could accelerate India’s manufacturing capabilities India’s manufacturing push is showing results, with forecasts suggesting that by 2025, more than 20 per cent of global iPhone production will come from the country. Image Credit: Reuters Murata Manufacturing, a key …

Japanese iPhone component supplier eyes supply chain shift towards India
1 month, 1 week ago

Japanese iPhone component supplier eyes supply chain shift towards India

Hindustan Times  

Kyoto-based iPhone component manufacturer Murata Manufacturing Co. is contemplating moving a part of its production capacity to India, news agency Bloomberg reported on Wednesday. According to Murata President Norio Nakajima, the maker of multilayer ceramic capacitors sees growing demand in India and is running simulations to determine what it would take to increase its investments in the country. “We’ve been …

India seeks mutual tariff reductions from US amid trade tensions
1 month, 2 weeks ago

India seeks mutual tariff reductions from US amid trade tensions

Live Mint  

New Delhi wants any tariff reduction in trade negotiations with the US to be reciprocal, which would create a more favourable environment for businesses and drive bilateral trade growth. India sees the announcement of a bilateral trade agreement with the US as a crucial step toward resolving trade tensions from US President Donald Trump’s call to eliminate trade disparities with …

US tariffs likely to have minimal impact on Indian exports, says SBI report
1 month, 2 weeks ago

US tariffs likely to have minimal impact on Indian exports, says SBI report

Hindustan Times  

The Impact of US tariffs on Indian exports may be minimal, according to an article by news agency ANI which cited a report by State Bank of India. US President Donald Trump speaks in the Oval Office of the White House in Washington, DC The report estimates India's exports to decline only by around 3-3.5% even if the US imposes …

India prepares data proof to shield against Trump’s reciprocal tariffs
1 month, 2 weeks ago

India prepares data proof to shield against Trump’s reciprocal tariffs

Live Mint  

New Delhi: Even as India and the US agreed to boost bilateral trade to $500 billion by 2030 and work towards a trade deal that will reduce duties and improve market access, the issue of reciprocal tariffs hangs in balance. “Most US products do not attract high tariffs in India, as the country has kept duties relatively low on key …

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